THANK YOU OBAMA

I am, like most Americans, clearly worse off that I was just since this past spring. And I have proof to back up my claim in that I can very easily point to a new Federal Reserve report. It’s that report that shows that the average U.S. household lost $21,261 of net worth over the summer months. Can you imagine losing over $20,000? Now I’m sure that’s not much money, in the big scheme of things, to Barry, but it’s a ton of money to me. Both my wife and I are military retirees, and our tax bill swallows the entire amount of my wife’s retirement.

Of course none of this should come as big news to Barry "Almighty," after all, it’s his policies that have brought this all about. The same Barry who went on record during an exchange with ABC’s Georgie Stephanopoulos in October saying that Americans are not better off than they were before he moved into the White House.   "Well, I don't think they're better off than they were four years ago," Barry said at that time. "They're not better off than they were before Lehman collapsed, before the financial crisis, before this extraordinary recession that we're going through." Duh?

Barry, however, pointed to supposed progress in stabilizing the economy during the same interview. "I think that what we've seen is that we've been able to make steady progress to stabilize the economy, but the unemployment rate is still way too high. And that's why it's so critical for us to make sure that we are taking every action we can take to put people back to work." Just how is it that Barry defines "steady progress?" He talks about taking "every action" to put people back to work, but he is absolutely resolute against taking any sort of action that will accomplish doing just that!

Attributed to falling home values and a tumultuous stock market, the third-quarter decline marked the second straight quarter of eroding net wealth for U.S. households. The news comes at a time when the president has already received sharp criticism over a reported 17-day Hawaiian Christmas vacation in an exclusive beach-front residence in Kailua, Oahu and for his lack of leadership. A vacation that, after receiving a significant amount of pressure of potential adversaries, he has backed off of for now after receiving a considerable amount of criticism.

Barry’s favorite vacation spot described as being the "Winter White House," the rental has been estimated to cost as much as $3,500 a day or $75,000 a month. Our "Dear Beloved Leader" has also come under mounting criticism for failing to demonstrate any sort of leadership and has been described as sitting on the sidelines, acting as nothing more as a spectator during the collapse of the congressional budget supercommittee. A supposed bipartisan group which was unable to reach agreement on ways to solve the country’s debt crisis.

As the supercommittee neared its deadline, the president was off the mainland U.S. for nine days, hosting an Asian-Pacific summit in Hawaii before jetting off to Australia and Indonesia. Meanwhile, two straight quarterly declines in household net worth have cost U.S. families a combined $2.55 trillion, that according to the New York Post report. Household net worth is considered to be the value of homes, bank accounts and stocks less mortgages, credit cards and other debt. It is hard to fathom that everyday Americans have seen such a significant loss in the net worth, and yet we have all thanks to Barry.

The overall net worth of households declined from $511,224 at the start of 2011 to just $498,751 as of Sept. 30. The decline follows an average increase of $9,757 per household between January and March that was offset slightly by a $912 decline in the second quarter.Overall, about 15 cents of every $1 of U.S. household wealth is tied to stocks or mutual funds, which are held by about half of all households. The Fed found that stock portfolios declined by about 5.2 percent in the third quarter, while home process dropped slightly more than half a percent. Home values dropped to $16.1 trillion from $21 trillion in 2007, according to the Post.

So how many of us are better off that we were before Barry "Almighty" came into office. The electing of Barry has been a self-inflicted wound of such a magnitude that it may in the end prove to be fatal when it comes to the survival of our way of life. "Hope and Change" was all a mirage, a ploy of you will, designed to inspire us, to lull us into a false sense that we could build upon what we had. Instead, "Hope and Change" was all about tearing down.
It was about bringing about a "fundamental transformation" of this country. And a direct result as been a massive loss in net worth by those of us in he middle class.